The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Jan. 18, 2024.

Number of shares:  5,044,445 charity flow-through shares

Purchase price:  27 cents per share

Warrants:  2,522,222 share purchase warrants to purchase 2,522,222 shares

Warrant exercise price:  28 cents for a three-year period

Number of shares:  12,361,112 non-flow-through shares

Purchase price:  18 cents per share

Warrants:  6,180,556 share purchase warrants to purchase 6,180,556 shares

Warrant exercise price:  28 cents for a three-year period

Number of placees:  six placees

Total pro group involvement:  138,889 (one pro group)

Finder's fee:  $51,900.01 cash and 288,333 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of 28 cents for period of three years from the date of issuance.

The company issued a news release on Feb. 23, 2024, confirming the closing of the private placement. Note that in certain circumstances, the exchange may later extend the expiry date of the warrants if they are less than the maximum permitted term.